Browsing: Economy

PARIS (Reuters) – Luxury brands focused on wealthier consumers in the United States are performing better than those who appeal to aspirational shoppers on lower incomes…

Fears of a U.S. recession fears rose in a big way this week, in part because of how resilient the economy seems at the moment. Welcome…

By Blake Brittain (Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens following…

By Lewis Krauskopf NEW YORK (Reuters) – Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities…

DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues already feel further interest rate rises will be…

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way to go,” Federal Reserve…

Investing.com — Atlantic Federal Reserve President Raphael Bostic on Wednesday called for more patience on rate hikes to allow the tightening delivered so far to filter…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes would be determined by fresh economic…

(Bloomberg) — The so-called Great Retirement is looking a little less great lately, as stalled house prices and the rising cost of living push some older…

By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks told U.S. senators on Wednesday that…